Caballito de Mar
This luxurious one story Beach Front custom home includes; 3 bedrooms, with two and half baths, a one car garage and spacious outside terraces and balconies; has a total constructed area of 2,500 square feet. The surface area of the property is 405 square meter or 4360 square feet.
The Beach Front Custom home features a gourmet upgraded Italian kitchen, high grade porcelain Italian floors, Italian marble accents, solid wood cedar oversized doors, Italian lighting, two zoned central air conditioning and almost too many other features to mention.
This exclusive custom home is constructed of highest quality concrete and block including all the exterior walls and interior wall divisions. The roof is supported by galvanized steel, insulated barriers and then is covered with authentic Spanish style clay tile.
The custom beach front home is owned presently by Mr. Charles Matera.
This property is one of the best positioned beach front custom home’s sites (Lot # 06) in the Hermosa Palms Development is one of the only residential beach front projects developments in the Jaco Beach area with actual “Titled Beach Front” property.
Practically all the beach front located presently here in Costa Rica is concession property and is not titled property. Only two and one half percent of the total beaches in Costa Rica are actual “Titled” beach front. In addition concession property can not be legally mortgaged in Costa Rica, while titled beach front property can be mortgaged by most of the Costa Rica bank sectors.
A very important factor for your own personal due diligence, is the new construction for the future toll highway or
road connecting the capital city of San Jose, which will eventually connect to the fastest growing popular Pacific Beach city of Jaco Beach. The new highway project should be completed in perhaps two years time. This will make the estimated driving time too Jaco Beach in approximately one hour, instead of the present windy two hour trip now. The experts feel that Jaco Beach will eventually become a suburb or bedroom community of San Jose and many people will then commute to their business located in the San Jose area.
In addition the Marriott Los Sueños Marian has some of the best deep sea sport fishing in the world and is only fifteen minutes from the Hermosa Palms Development. The area for your enjoyment the eighteen whole Tony Robinson Jr. golf courses that are public and located at the Marriott Hotel as well.
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Comparables and Prices:
All the other two story homes in the Hermosa Palms Development have all been sold from $425,000 to $1,800,000 depending of the size of the homes it and its location in the Hermosa Palms Project.
The asking selling price for the Mattera’s home is USD $1,100,000.00 The initial deposit of $25,000 has been requested by the seller of the home. These funds should be held in the buyers representing attorney escrow bank account. Then the buyer can proceed with the remaining legal due diligence for the transaction.
Other information:
- Taxes per year on this Beach Front Custom Home $300 to $400 per year.
- Maintenance or association fees are $350.00 per month.
- Water $25.00 per month.
- Exterior maintenance per month $40.00 (Cutting of grass area).
In addition the beach front custom home property has registered Costa Rica Corporation. The legal fees for this transaction should be very low, approximately? This is because you only transferring the shares of the corporation to the buyer. There are not capital gains taxes when you transfer a corporation legally in Costa Rica.